Marc Academy & Family Center Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
MARC ACADEMY AND FAMILY CENTER HELPS CHILDREN OVERCOME OBSTACLES AND ACHIEVE THEIR FULL POTENTIAL, THROUGH PROGRAMS THAT NURTURE, EMPOWER ANDINVEST IN BOTH THEM AND THEIR FAMILIES FOR A LIFETIME OF LEARNING AND SUCCESS.
- Income
- $10.1 million
- Spending
- $9.6 million
- Spent on programs
- 93%
- Reserves
- 2.7 months of spending
- Largest source of income
- government grants, 88%
- Employees
- 79
- Volunteers
- 0
- Highest pay
- $139,993, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 60 out of 100. Higher than 48% of charities in its peer group (education, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 2.7 months of spending.
Debt
5 of 20It owes 70% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
15 of 15Income rose 11% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 18% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $8.8 million spent. MARC ACADEMY AND FAMILY CENTER SERVES AS A SPONSORING AGENCY TO A FAMILY CHILD CARE NETWORK. AS A FAMILY CHILD CARE NETWORK MARC ACADEMY AND FAMILY CENTER IS CONTRACTED BY THE NYC DOE TO PROVIDE EARLY CARE AND EDUCATION TO 434 CHILDREN FROM 2 MONTHS OF AGE TO 3 YEARS OF AGE. PRESENTLY,MARC ACADEMYS FAMILY CHILD CARE NETWORK HAS CONTRACTED WITH 44 DULY LICENSED FCC PROVIDERS TO PROVIDE SERVICES TO FAMILIES AND CHILDREN. CHILDREN ENROLLED IN THEFCC NETWORK RECEIVE UP TO 10 HOURS OF CARE DAILY, FIVE DAYS A WEEK, 12 MONTHS A YEAR.
- MARC ACADEMY & FAMILY INC, IS CONTRACTED WITH THE NYC DOE TO PROVIDE EARLY CARE AND EDUCATION SERVICES TO 273 CHILDREN 3 AND 4 YEARS OF AGE. PARENTS MAY CHOOSE EITHER THE SCHOOL DAY (SDY) OR THE EXTENDED DAY YEAR (EDY). ENROLLMENT IN THE EDY PROGRAM REQUIRES A SOCIAL REASON, SUCH AS PARENTS WORKING, ATTENDING SCHOOL, PARTICIPATING IN VOCATIONAL TRAINING, OR SEEKING EMPLOYMENT. FOR THIS PROGRAM THE FAMILY MAY BE REQUIRED TO PAY A WEEKLY FEE. THE EDY PROGRAM OFFERS 10 HOURS OF SERVICES PER DAY, FIVE DAYS A WEEK, THROUGHOUT THE YEAR. THE SDY PROGRAM PROVIDES SERVICES FOR 6 HOURS AND 20 MINUTES. TO QUALIFY FOR EITHER PROGRAM, FAMILIES MUST RESIDE IN NYC AND MEET THE AGE REQUIREMENT.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.